Feb 17, 2013 6:00am PST
-the-board cuts. >> please, i would like to finish what i'm saying here. 750,000 jobs will be lost. the economy will shrink by 6%, and what we've produced is very simple. it's closing loopholes. the only people who support them are the people who benefit them from them, oil and gas loopholes, the idea that businesses shouldn't get breaks by sending jobs overseas, the idea that someone who makes over $1 million should pay a higher rate than others, and whether it's right on the eve of sequestration or if god forbid it has to take effect for a few days, the devastating effects will be so strong. the president will be out there on his bully pulpit that just like on the fiscal cliff republicans will come on board. they have no choice. their arguments are untenable and don't meet the favor of hardly anyone other than themselves and the few whose special interests they are protecting. >> let me move you on to immigration simply because we now see the white house sort of draft immigration bill, at least the skeleton of it, has been leaked out there. we know that democrats had been saying to the white
Feb 17, 2013 9:00am EST
♪ogress-oh!" (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> we should take on once and for all the issue of illegal immigration. we should be working on comprehensive reform. the time has come to pass comprehensive reform. we need to change our tax code. simplify the tax code. focus on the hardest problems on clean energy. i will not walk away from the promise of clean energy. as long as countries like china keep going in on clean energy, so must we. making america a magnet for new jobs and manufacture. this blue print begins with american manufacturing. >>> all of which is to say is what get said in the state of the union doesn't necessarily get done, at least not right away. let me ask you, imimmigration, reforming the tax code, some kind of carbon tax and manufacturing, you know, cleaning up the voting system, raising the minimum wage. what's really going to happen? >> i do agree with senator schumer from before that immigration reform in some form is doable. i think some movement on universal background checks is doable.